Potential offtaker

Cipla Limited

www.cipla.com

Estimated electricity consumption

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Countries of production presence

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Cipla Ltd is a leading Indian pharmaceutical company that specializes in the production and distribution of generic drugs. The company was founded in 1935 by Dr. K. A. Hamied, and since then, it has grown to become a global player in the pharmaceutical industry. Cipla has a presence in over 80 countries worldwide, and it is known for its high-quality products and affordable prices.

Cipla's commitment to sustainability is evident in its efforts to reduce its carbon footprint through decarbonisation initiatives. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2025 and has implemented various measures to achieve this goal. Cipla has invested in renewable energy sources such as solar power, and it has also adopted energy-efficient technologies to reduce its energy consumption.

One of Cipla's most significant achievements in the area of corporate energy is its Corporate Power Purchase Agreement (PPA) with a renewable energy company. Under this agreement, Cipla has committed to purchasing a significant portion of its energy requirements from renewable sources. This move has not only helped the company reduce its carbon footprint but has also provided a stable and cost-effective source of energy.

Cipla's commitment to renewable energy is also evident in its investment in solar power. The company has installed solar panels at its manufacturing facilities, which has helped it reduce its reliance on grid electricity. Cipla has also implemented energy-efficient technologies such as LED lighting and HVAC systems, which have further reduced its energy consumption.

In addition to its efforts to reduce its carbon footprint, Cipla has also taken steps to promote sustainability in its supply chain. The company has implemented a sustainable sourcing policy, which requires its suppliers to adhere to strict environmental and social standards. Cipla also works closely with its suppliers to help them improve their sustainability practices.

Cipla's commitment to sustainability is not just limited to its operations in India. The company has a global presence, and it has implemented sustainability initiatives in all the countries where it operates. Cipla has a dedicated sustainability team that works to ensure that the company's sustainability goals are met across all its operations.

Overall, Cipla is a company that is committed to sustainability and is taking significant steps to reduce its carbon footprint. Its efforts to promote renewable energy and energy efficiency are commendable, and its commitment to sustainable sourcing is setting a positive example for the industry. As a leading player in the pharmaceutical industry, Cipla has the potential to inspire other companies to adopt sustainable practices and contribute to the global effort to combat climate change.

✓ Declared Net Zero commitment